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Stock impact report

Legacy Housing Corporation Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Legacy Housing Corporation (LEGH) 
Last legacy housing corporation earnings: 11/14 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Financial Highlights Net revenue for the first quarter of 2024 was $43.2 million, a decrease of 18.2% from the first quarter of 2023. Income from operations for the first quarter of 2024 was $16.8 million, a decrease of 8.7% from the first quarter of 2023. Net income for the first quarter of 2024 was $15.1 million, a decrease of 7.0% from the first quarter of 2023. Basic earnings per share for the first quarter of 2024 was $0.62 a decrease of 7.1% from the first quarter of 2023. Book value for the first quarter of 2024 was $450.4 million, an increase of 13.2% from the first quarter of 2023. Book value per share for the first quarter of 2024 was $18.46, an increase of 13.1% from the first quarter of 2023. Since our last earnings call, we repurchased 261,529 shares of common stock at an average price of $20.56. Repurchases were limited by trading restrictions and a narrow open window. Duncan Bates, President and Chief Executive Officer, stated: “Legacy's business fundam Show less Read more
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